Iran | Egypt Oil & Gas - Part 90
Foreign Oil Companies Weighing Up Post-Sanction Iran Prospects
Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well. The discovery of crude in 1908 laid the fo...
Iran: Must Shelter Industry from Post-Sanction Oil Surge
Iran says it has taken required measures to deal with the impacts of an anticipated surge in revenues should the sanctions against the country are removed as the result of the success in nuclear talks with P5+1 group ...
Bombing Yemen Could Threaten Red Sea Oil Transit Choke Point, Experts Say
While Yemen contributes less than 0.2% of global oil output, its location puts it near the center of world energy trade. The nation shares a border with Saudi Arabia, the world’s biggest crude exporter, and sits on on...
Iran Oil Stores Ready to Flood Market, Experts Says
Lifting oil sanctions on Iran could hit global markets long before the nation starts pumping more crude. That’s because the OPEC member has been stockpiling oil onshore and in supertankers in the Persian Gulf, accordi...
Somali Pirates Attack Tanker, Defeated by Iran Warships
Iranian Navy warships rescued an oil tanker in the Gulf of Aden after a fierce battle with pirates. Pirates approaching on two boats attempted to stop the Iranian oil tanker somewhere close to Bab al-Mandab by opening...
Israel Tries to Preempt Iran Nuclear Deal in France, After US
A delegation of Israeli officials, including Israeli Intelligence Minister Yuval Steinitz, has traveled to France in a bid to hamper a deal on Iran’s nuclear program as marathon talks on the issue are entering a criti...
Iran: Nano-Tech Applications Advance Iranian Oil and Gas Safety
Iranian researchers from Semiconductor Devices Group of Shiraz University designed a sensor to detect hydrogen sulfide in oil drilling, oil refineries, coal mines and wells containing organic materials. The sensor is ...
Iran not to Reduce OPEC Share, Criticizes Cartel for Supply Glut
Iran’s Minister of Petroleum Bijan Namdar Zangeneh says Tehran will not reduce its share of crude production at the Organization of the Petroleum Exporting Countries (OPEC). Zangeneh pointed to a drop in Iran’s oil ou...
